LIC MF Money Market Fund Direct Growth

Debt
Money Market
Low to Moderate Risk
+6.80%
3Y annualised
+0.05% 1D
1M
6M
1Y
3Y
All
NAV: 27 Oct 2025
₹1,230.63
Rating
1
Min. SIP amount
₹200
Fund size
₹3,130.05Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Holdings (60)

NameSectorInstrumentAssets
Bank Of Baroda
FinancialCD8.44%
Power Finance Corporation Ltd.
FinancialCP4.63%
REC Ltd.
FinancialCP4.59%
Bajaj Financial Securities Ltd.
FinancialCP3.78%
ICICI Securities Ltd.
FinancialCP3.30%
Gujarat State
ConstructionSDL3.24%
Kotak Mahindra Bank Ltd.
FinancialCD3.14%
Reserve Bank of India
FinancialT-Bills3.12%
Small Industries Devp. Bank of India Ltd.
FinancialCD3.08%
Kotak Mahindra Bank Ltd.
FinancialCD3.01%
Angel One Ltd.
FinancialCP2.86%
Reserve Bank of India
FinancialT-Bills2.35%
Export-Import Bank Of India
FinancialCD2.34%
NTPC Ltd.
EnergyCP2.33%
Canara Bank
FinancialCD2.33%
HDFC Bank Ltd.
FinancialCD2.29%
Small Industries Devp. Bank of India Ltd.
FinancialCD2.25%
Punjab National Bank
FinancialCD1.71%
Gujarat State
ConstructionSDL1.62%
Angel One Ltd.
FinancialCP1.58%
HDFC Securities Ltd.
FinancialCP1.58%
National Bank For Agriculture & Rural Development
FinancialCD1.57%
Kotak Mahindra Bank Ltd.
FinancialCD1.57%
Small Industries Devp. Bank of India Ltd.
FinancialCD1.56%
Reserve Bank of India
FinancialT-Bills1.56%
Nuvama Wealth Finance Ltd.
FinancialCP1.56%
National Bank For Agriculture & Rural Development
FinancialCD1.56%
National Bank For Agriculture & Rural Development
FinancialCD1.55%
ICICI Securities Ltd.
FinancialCP1.55%
360 ONE Wealth Ltd.
FinancialCP1.55%
National Bank For Agriculture & Rural Development
FinancialCD1.55%
HDFC Securities Ltd.
FinancialCP1.55%
Export-Import Bank Of India
FinancialCD1.53%
Axis Bank Ltd.
FinancialCD1.53%
Kotak Mahindra Prime Ltd.
FinancialCP1.53%
Axis Bank Ltd.
FinancialCD1.53%
HDFC Bank Ltd.
FinancialCD1.51%
Hero Housing Finance Ltd.
FinancialCP1.51%
National Bank For Agriculture & Rural Development
FinancialCD1.50%
Indian Bank
FinancialCD1.40%
Time Technoplast Ltd.
ChemicalsCP1.08%
Reserve Bank of India
FinancialT-Bills0.97%
Axis Bank Ltd.
FinancialCD0.92%
Time Technoplast Ltd.
ChemicalsCP0.79%
Reserve Bank of India
FinancialT-Bills0.78%
Time Technoplast Ltd.
ChemicalsCP0.78%
Indian Bank
FinancialCD0.77%
AU Small Finance Bank Ltd.
FinancialCD0.77%
IDFC First Bank Ltd.
FinancialCD0.77%
HDFC Bank Ltd.
FinancialCD0.77%
Bank Of Baroda
FinancialCD0.76%
HDFC Bank Ltd.
FinancialCD0.76%
Axis Bank Ltd.
FinancialCD0.76%
Nuvama Wealth Management Ltd.
FinancialCP0.63%
Reserve Bank of India
FinancialT-Bills0.47%
Time Technoplast Ltd.
ChemicalsCP0.47%
360 ONE Wealth Ltd.
FinancialCP0.31%
Small Industries Devp. Bank of India Ltd.
FinancialCP0.31%
Canara Bank
FinancialCD0.16%
Piramal Enterprises Ltd.
HealthcareCP0.15%
See All

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹200

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA7.1%6.8%6.6%
Category averageNA7.4%7.3%NA
Rank with in categoryNA2322NA
Understand terms

Peer Comparison

Expense ratio, exit load and tax

Expense ratio: 0.19%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Fund management

Pratik Harish Shroff
Oct 2025 - Present
View details

Education
Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
Experience
Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
Launch Date
20 Apr 1994
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

Pros and cons

Category: Debt Money Market

Pros

Exit load is zero
Lower expense ratio: 0.19%

Cons

Consistently lower annualised returns than category average for the past 1Y and 3Y
Low rating: 1

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